Economics · Economy
Consider the following statements regarding Non-Performing Assets (NPAs) under the Pradhan Mantri Mudra Yojana (PMMY): Statement I: High NPAs under PMMY are partly due to loans given to first-time entrepreneurs lacking prior business experience. Statement II: Historically, NPAs in Mudra loans have occasionally tracked lower than the broader micro, small, and medium enterprise (MSME) portfolio average. Statement III: Repayment stress in this segment is often linked to external economic factors like global headwinds and market disruptions. Which one of the following options accurately identifies the valid statements?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Statements I, II, and III are all factual and correct observations regarding Mudra loans.✓
- 2Only Statement I is correct, and that explains Statement II.
- 3Both Statement I and Statement III are correct, but only one of them explains Statement II.
- 4Both Statement II and Statement III are correct, and both explain Statement I.
Correct answer
Statements I, II, and III are all factual and correct observations regarding Mudra loans.
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